SOURCE: ZBB Energy Corporation

ZBB Energy Corporation

July 14, 2010 12:56 ET

ZBB Energy Releases Next-Generation Battery Module; ZESS POWR™ V2 Seen as Major Step Forward in Zinc Bromide Technology

MILWAUKEE, WI--(Marketwire - July 14, 2010) -  ZBB Energy Corporation (NYSE Amex: ZBB), a leading developer of intelligent, renewable energy power platforms, today announced the release of its next-generation ZESS POWR™ battery module (V2) that will provide greater performance and reliability than its already commercially proven product range. The new module reaffirms ZBB's commitment to advance the state of battery technology to support is global customer base.

Improvements in the V2 include advanced materials for better internal flow, new external sealing material for secondary leak protection of the electrolyte, improved pumping components for greater reliability and lower auxiliary power requirements. Other features include improved piping and electrolyte connections for more efficient leak protection, a new enclosure for outdoor applications and more streamlined manufacturing processes that enable ZBB to produce the module in a more cost-effective manner.

"The V2 represents the latest improvement in manufacturing, technology and performance for zinc bromide batteries," said Eric Apfelbach, ZBB Energy President and CEO. "We are already seeing performance improvements beyond our expectations in battery stability in real-world applications. Based on the tests we've performed, we consider the ZESS POWR™ V2 the best performing zinc bromide battery in the industry."

In addition to improved reliability and higher performance, ZBB's V2 module reduces the need for auxiliary power by one-third. That translates into 2 to 3 percent increase in battery efficiency, a significant improvement. The V2 module consists of two tanks, pumps and three cell stacks. It replaces the company's V1 module developed five years ago as a state-of-the-art zinc bromide battery used to store electricity generated by wind, solar and other alternative energy sources.

The V2 release is part of ZBB's strategic plan, announced in May, which among other features, calls for an increased order backlog and accelerated product development. To that end, the company has retooled manufacturing capabilities for the next-generation battery and is continuing development of the V3 module, with progress ahead of schedule.

About ZBB Energy Corporation
ZBB Energy Corporation (NYSE Amex: ZBB) provides distributed intelligent power management platforms that directly integrate multiple renewable and conventional onsite generation sources with rechargeable zinc bromide flow batteries and other storage technology. This platform solves a wide range of electrical system challenges in global markets for various types of sites with utility, governmental, commercial, industrial and residential end customers. A developer and manufacturer of its modular, scalable and environmentally friendly power systems ("ZESS POWR™"), ZBB Energy was founded in 1998 and is headquartered in Wisconsin with offices also located in Perth, Western Australia.

Safe Harbor
Except for the historical information contained herein, the matters set forth in this press release, including statements relating to ZBB's growth, are forward-looking statements within the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including historical volatility and low trading volume of our stock, the risks and uncertainties inherent in the early stages of growth companies, the company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.

Contact Information

  • Contact Information:
    Helen Brown
    Investor Relations
    ZBB Energy Corporation
    T: 262.253.9800
    Email: Email Contact